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Alexkor still eyes coal despite operating loss

State-owned diamond mining company Alexkor has not given up on plans to venture into coal mining. In 2013, the entity’s then CEO Percy Khoza said it planned to form partnerships with emerging black coal miners to diversify its operations away from diamonds, which have been in decline for a number of years. Although Alexkor hasn’t embarked on any coal-related projects since the announcement, the State-owned company said it has submitted a strategic plan to Public Enterprises Minister …